Cybergate9.Net
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Open the gate.. welcome to this dimension..
Category:[economics], sort:[descending], entries found:[41]
So [this](https://www.abc.net.au/news/2022-10-01/david-taylor-global-financial-crisis-2/101492384) is interesting. Albeit over-stated and under-evidenced. But it makes sense that with everything ec...
The world is on the brink of another financial crisis, and the next few weeks are key
Yeah all great news.. not.. The thrust [here](https://www.bloomberg.com/news/articles/2022-09-29/australia-s-policy-downshift-hindered-by-global-tightening-wave?sref=QlpF64WK) is the RBA knows that...
Australiaâs Policy Downshift Hindered by Global Tightening Wave
It's all getting pretty weird if you're following along on a daily basis. Everything politicians, economists, and talking heads thought they 'knew' is pretty much being tipped on its head.. The Bank...
Emergency Bank move will not solve the problem
This [update article](https://thenewdaily.com.au/finance/superannuation/2022/09/21/super-slips-in-august/) from The New Daily is helpful to bring super earnings figures up to date. But I've been loo...
Super returns slipped in August but are up since July
I usually like Peter's articles but I'm not sure what the point of [this one](https://www.abc.net.au/news/2022-09-21/the-mint-printing-money-why-cash-won-t-last-forever/101458918) is.. it doesn't see...
The government makes millions of dollars every year printing money. Here's why that might be about to change
It's a very strange world we live in.. Think about it, the 'economy' needs workers, 'mothers' seem to be an available demographic, so let's *pay them* (in childcare subsidies) to get them into the wo...
'Locked out of the labour market' Why mothers like Marianne are staying home
Upside stock market gains Jun-Aug were profit take opportunities, no more. Anybody who thought the downward trend had finished wasn't looking at the data - inflation has *not* eased, PE ratios are ...
Neel Kashkari Says the Quiet Part Out Loud on Markets
So that (July-August) was a '[dead cat bounce](https://www.investopedia.com/terms/d/deadcatbounce.asp)'? Probably not, a bit of exuberance whilst the markets work out what direction we're *actually*...
I like Gordon Brown, I think he's probably smart, genuine, and honest. But I can't help thinking when I see him 'don his socialist suit' like he is in [this article](https://www.theguardian.com/com...
We must tax profits now, freeze energy price rises - and if necessary bring suppliers into the public sector | Gordon Brown
[John](https://www.bloomberg.com/opinion/authors/AT2bBytfUHQ/john-authers?sref=QlpF64WK) has another novel outlook in [this article](https://www.bloomberg.com/opinion/articles/) where he ruminates th...
âThe Godfatherâ Insight onWhatâs Driving Markets
In the modern western world we have a paradox in how we talk about economics. In one version it's 'hand-wringing' on the importance of growth in economies to the nation. Whilst at the other end of th...
Economists tip interest rates to peak at 3.1pc
A lot of 'jaw-boning' that we're at a 'pivot point' again. Why? argument goes either: 1) it's the start of a 'new bull run' (after June22 lows, strong employment, FED won't hike as strongly as anti...
As a purely academic exercise I was trying to get my head around any correlation between gold prices, us$ strength, and us$-au$ crosses.. Why? well I, for some unfathomable reason (given in general ...
let me a do the TL;DR (too long; didn't read) summary on [this article](https://www.abc.net.au/news/2022-08-18/economists-say-rba-should-have-raised-cash-rate-target-sooner/101343618) for you.. "Eco...
Did the RBA get its interest rate strategy all wrong?
"of the investing profession (a hundred years ago everyone in stocks was a degenerate gambler with a margin loan, now just half of us are) and the advent of massive retirement systems (a hundred and ...
Why the market is bouncing
Yep, what's nuts is it's a zero sum game. Ultimately as Adam Tooze [points out](https://www.inkl.com/newsletters/morning-edition/news/the-world-is-seeing-how-the-dollar-really-works?utm_campaign=2022...
The World Is Seeing How the Dollar Really Works
[John Authers](https://www.bloomberg.com/opinion/authors/AT2bBytfUHQ/john-authers?sref=QlpF64WK) once again brings a voice of analysis, and common sense, to the table. In [this article](https://www....
Whatâs Missing From Bond Markets Ahead ofthe CPI
Here we are again, a one dimensional statistic argument which purports to support "It means motorists are forced to buy cars that are worse for the environment and household budgets".. Umm might it ...
'Carpark for clunkers': Gov urged to act on $5.9 billion petrol opportunity
So, [here's more](https://www.abc.net.au/news/2022-08-08/new-zealand-wages-soar-will-australia-workers-get-a-bump/101306138) 'hand-wringing' on wages. All sorts of sensible, believable, assertions ma...
We understand 'supply and demand'. So in a labour shortage, why aren't wages going up?
To try and get a handle on whether there's a 'credit problem' I thought a look at the straight aggregates over time might shed some light. RBA aggregates are available on [knoema](https://public.kno...
Reserve Bank of Australia Money and Credit Statistics - Public Knoema Data Hub
That's an interesting exercise to do: * disposable income (i.e. your gross - super - tax) * value of housing assets (and as a ratio to disposable income i.e. house price / disposable income) * val...
Chart Pack
[Mea Culpa by everyone](https://www.bloomberg.com/opinion/articles/2022-07-31/central-banks-believed-too-much-in-their-inflation-fighting-powers-we-let-them?sref=QlpF64WK)? The asinine regurgitation...
How central bank mistakes after 2019 led to inflation
[This article](https://www.bloomberg.com/news/newsletters/2022-07-28/profit-seems-to-be-the-hardest-word-the-readout-with-allegra-stratton?srnd=economics-vp&sref=QlpF64WK) by [Allegra Stratton](https...
Profit Seems to Be the Hardest Word: The Readout With Allegra Stratton
So, as usual, the IMF's advice to 'policy makers' now is to up, and up, interest rates until the "people's pips squeak" and inflation comes down.. You see it's not rocket science how this works - wh...
IMF downgrades 'gloomy' economy as inflation and rate jitters continue, but ASX trades up
ooh yeah, it's now becoming clear (well to me at least, and I know.. like, who cares? 😛) that interest rate hikes have another agenda.. Inflation's high sure, and interest rates need to be 'norma...
What's the Point of Hiking When Recession Looms?
Yeah well, duh.. who would of thought?.. We all know tax on investment property gains, and even more, the tax breaks (negative gearing) are a rort, always have been. Middle class subsidies is all t...
'Unprecedented growth in house prices': OECD calls for cap on housing tax breaks benefiting the rich
I love these 'non-speeches' by RBA functionaries. "We'll take everything into consideration before we make a decision" Yeah, well, duh.. who would have thought? What's more interesting is what th...
Up to a third of mortgage holders could struggle to keep up with repayments, RBA says
The following graph shows what I anecdotally experienced post-GFC (2008) in the UK. My best guess was a fall in real wages of between 10-15% over 2008-2013. That fall is significantly faster now by ...
U.K.?s Next Leader Faces Challenges Unseen Since Thatcher
So, as suspected, we can expect land valuation increases across SA of between 10-30% according to [their report](https://www.valuergeneral.sa.gov.au/publications/VGYIR2021.PDF) by the [valuer genera...
>"Aussie consumers are now being hammered by the fastest interest rate increases in a quarter of a century that are crushing disposable incomes; a massive reduction in real wage growth as a result o...
How the RBA duped Aussie households
There are so many things wrong with this article I hardly know where to begin.. I'll keep it short. The article, overall, is naive. The people depicted in its story are naive. It's naive to suggest ...
'They can feel misled': Households took on massive debt because the RBA said rates wouldn't rise
Of course that's what needs to happen, and will happen - it's just unsaid. Inflation presently is generally accepted (not universally though) to be a supply side, or external factor, problem. The a...
Stop spending so much if you want lower rates
So now we have another set of salary metrics (Census 2021 data) which put more nuance into the numbers: starting from the 'all Australia census personal' at $41K, through 'median per employee' at $62...
Ian's doing his bit to redeem ABC standards; in this analysis piece he outlines quite well (best one can, given the lack of real information in this sphere) the nonsense that 'cheap credit' has crea...
Why the crypto crash could hit stocks
After a small hiatus, back to the numbers.. This 'ere chart gives some explanation to the big movements in credit over the past couple of years. [
House prices drove household wealth 1.2% higher in March quarter
As an amateur student of 'the markets' for a decade or so, it's constantly surprising how little 'empirical anything' exists in this sphere of modern life. Take todays (24Jun22) northern hemisphere ...
Stocks Roar Back With Best Week in a Month: Markets Wrap
That's looking pretty grim. My real returns to date for financial year 2022 (FY in Aust. for European folks is 1Jul->30Jun..). If we're lucky we'll finish at circa 'even'.. having swung from gains o...
[Well apparently Dr Lowe says](https://www.abc.net.au/news/2022-06-21/rba-says-inflation-is-increasingly-coming-from-within-australia/101169436) 'I don't see a recession on the horizon'. Whilst havi...
Reserve Bank governor says inflation is rising, but he doesn't see a recession on the horizon
In the melodramatic "parlance of our times": it's a blood bath.. Graph tells quite a story.. [![Graph][image]](../../images/web1500/ScreenShot2022-06-17.jpg) [image]:../../images/web750/ScreenShot...
So whilst we're playing this game called ['the markets'](https://www.bloomberg.com/news/articles/2022-06-14/wall-street-s-favorite-recession-signal-is-back-as-curves-invert?sref=QlpF64WK).. It's pr...
Wall Streetâs Favorite Recession Signal Is Back as Curves Invert
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